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Evelabs - About the company

Evelabs is a seed company based in Thiruvananthapuram (India), founded in 2016 by Sanjai Rajendran, Vishnu MS and Sruthy Gopal. It operates as a Developer of a smart infusion monitor for hospitals and home-cares. Evelabs has raised $319K in funding from Indian Institute Of Information Technology and Management and Rovi, with a current valuation of $*****. The company has 81 active competitors, including 25 funded and 12 that have exited. Its top competitors include companies like ZOLL AEDs, InnAccel and vTitan.

Company Details

Developer of a smart infusion monitor for hospitals and home-cares. The company develops Dripo a wireless electronic monitor to measure and display the flow rate in gravity infusions and share the data wirelessly enabling the healthcare professionals to set, manage and monitor infusion and the data.
Website
evelabs.co
Social
XFacebook
Email ID
*****@evelabs.co
Phone Number
+91 **********
Registered Address
V.V NIVAS,ARCHAL, NEDIYARA P.O,ANCHAL, Kollam, KOLLAM, Kerala, India, 691306
Key Metrics
Founded Year
2016
Location
Thiruvananthapuram, India
Stage
Seed
Total Funding
$319K in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jul 29, 2022
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
17 as on Sep 30, 2026
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Evelabs's funding and investors

Evelabs has raised a total funding of $319K over 5 rounds. Its first funding round was on Jan 05, 2017. Its latest funding round was a Seed round on Jul 22, 2022 for $*****. 14 investors participated in its latest round. Evelabs has 8 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of Evelabs:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 22, 2022
6501532
Seed
3263070
6009437
7908679
1617028
Apr 01, 2021
4796439
Seed
5051121
7090285
2946815
5899566
Jul 04, 2018
3235635
Seed
2394424
5754380
7948712
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Evelabs' founders and board of directors

Founder? Claim Profile
The founders of Evelabs are Sanjai Rajendran, Vishnu MS and Sruthy Gopal. Vishnu MS is the CEO of Evelabs.
Here are the details of Evelabs' key team members:

Evelabs' Board of Directors

Evelabs's board has 3 active members. Sanjai Rajendran and Vishnu MS are part of team and Abhay Uttamchand Jain is independent board member.
Here is the list of Evelabs' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 1m
Team
-
Current
10y 1m
Independent board member
-
Current
4y 1m

Evelabs' employee count trend

Evelabs has 17 employees as of Sep 26. Here is Evelabs's employee count trend over the years:
Employee count trend for Evelabs
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Evelabs's Competitors and alternates

Top competitors of Evelabs include ZOLL AEDs, InnAccel and vTitan. Here is the list of Top 10 competitors of Evelabs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ZOLL AEDs
ZOLL AEDs
1983, Chelmsford (United States), Acquired
Developer of medical devices and software solutions for emergency care
-
64/100
2nd
Logo for InnAccel
InnAccel
2012, Bengaluru (India), Seed
Developer of medical devices for critical care, obstetrics, and neonatology
$5.84M
60/100
3rd
Logo for vTitan
vTitan
2010, Chengalpattu (India), Seed
Manufacturer of a broad range of medical devices used in critical care units of hospitals
$10M
58/100
4th
Logo for Ethypharm
Ethypharm
1977, Saint Cloud (France), Acquired
Developer of therapies for the treatment of pain and addiction
$248M
55/100
5th
Logo for Allied Medical
Allied Medical
1982, Gurugram (India), Early Stage
Manufacturer of anesthesia and hospital equipment
$2.31M
47/100
6th
Logo for Airway Medix
Airway Medix
2010, Warsaw (Poland), Public
Developer of medical devices for ventilated patients in intensive care units
-
-
43/100
7th
Logo for Clarity Medical
Clarity Medical
2003, Sahibzada Ajit Singh Nagar (India), Unfunded
Manufacturer of diagnostic medical equipment for hospitals and clinical facilities
-
-
41/100
8th
Logo for GlySure
GlySure
2006, Abingdon (United Kingdom), Series C
Continuous glucose monitoring using optical fluorescence sensor
$24.5M
40/100
9th
Logo for Medivance
Medivance
1998, Louisville (United States), Acquired
Non-invasive Temperature Management System
$59.2M
40/100
10th
Logo for ART Medical
ART Medical
2009, Netanya (Israel), Series B
Developer of product for ICU based safe enteral nourishment
$27M
39/100
13th
Logo for Evelabs
Evelabs
2016, Thiruvananthapuram (India), Seed
Developer of a smart infusion monitor for hospitals and home-cares
$319K
37/100
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Evelabs's Latest cap tables and shareholding

Founders (largest shareholder) own 54.00%, Funds own 3.86%, Enterprises own 3.26% and Angels own 28.88%. The net worth of Evelabs's founders is INR 10.8Cr as of Jul 29, 2022. The cap table displayed below is for EVELABS TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Evelabs.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
54.00%
10.8Cr
1958796
2136770
7681326
1743872
6047082
2385810
9931260
5383520
5351085
2345157
5870961
7725218
4814848
2870976
3891955
9259726
2333419
9571236
3576054
5674434
5650315
5028397
Fund
3.86%
77.1L
901
557
803
864
364
782
706
927
100
436
Enterprise
3.26%
65.1L
339
302
455
932
Angel
28.88%
5.78Cr
3023886
1025170
5197461
3880071
5235549
3144528
2526964
2707192
8047559
2854020
3514812
1363147
5111802
7534457
7314710
1361954
29032
88484
41152
43613
20781
48099
1663
9960
2667
8057
1311
8079
ESOP Pool
10.00%
2Cr
4755055
6452368
9518243
5285413
Total
100.00%
20Cr
8934266
2904056
8819729
3978934
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Evelabs's Investments and acquisitions

Evelabs has made no investments or acquisitions yet.

Reports related to Evelabs

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News related to Evelabs

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